Regulations for Egypt sukuk law to take 3 months-minister

CAIRO, Feb 27 (Reuters) - Egypt can gain around $10 billion

in funds annually from its sukuk Islamic bond market but it will

at least three months to push through the necessary regulations,

Finance Minister Al-Mursi Al-Sayed Hegazy said on Wednesday.

Egypt has only three months of cover for imports left in

foreign currency reserves and in December postponed a deal with

the IMF for more funds.

(Writing by Tom Perry; editing by Patrick Graham)

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